Forman, which is expected to generate savings up to $80 million annually, comes as inflation and changing consumer preferences cut into spirits sales.

Wall Street analysts see the positives as Brown-Forman seeks savings – in part via job cuts – to “position the company for continued growth”.

TD Cowen lowered the firm’s price target on Brown-Forman (BF.B) to $38 from $50 and keeps a Hold rating on the shares. The firm noted they ...

There are a ton of new bourbon expressions coming to market in 2025. We rounded up the brand-new bourbons that have us most ...

Shares of Brown-Forman Corp. Cl B BF.B shed 2.18% to $33.69 Wednesday, on what proved to be an all-around favorable trading ...

Brown-Forman, the parent company of Jack Daniel's whiskey and Woodford Reserve bourbon, is laying off approximately 12% of ...

Brown-Forman's recent announcement of layoffs at its cooperage facility marks another major restructuring move for a ...

Brown-Forman Corporation (NYSE:BF.A) (NYSE:BF.B) created a stir this week when the Louisville-based company announced that it ...

Citi lowered the firm’s price target on Brown-Forman (BF.B) to $39 from $46 and keeps a Neutral rating on the shares as part of a Q4 earnings ...

By McKenna Horsley Kentucky Lantern The Brown-Forman Corp., a giant spirts company based in Kentucky, announced Tuesday it ...

Spirits giant Brown-Forman Corp. said Tuesday it's reducing its global workforce by about 12% and closing its hometown barrel ...

Now, the Brown-Forman Cooperage near Louisville's airport is closing. By the end of April, the 210 bourbon barrel makers who work here will be laid off. The company will shift to buying its barrels, ...